Charities & Not-for-Profit

Accounts that meet your obligations to trustees and regulators

Charity SORP accounts, gift aid administration, independent examination and trustee reporting for registered charities, CICs and not-for-profit organisations across North Yorkshire.

Charity accounting is a growing specialism at Champleys

We work with an increasing number of charities and not-for-profit organisations across North Yorkshire — and it's a part of our practice that has grown significantly in recent years. Charity clients range from small local organisations through to registered charities with substantial income and complex activities.

Charity accounting is genuinely different from commercial accounting. The Charities SORP (Statement of Recommended Practice) sets out how charity accounts must be prepared, and the requirements differ depending on your income level and whether you're subject to audit or independent examination. Trustees have specific legal responsibilities regarding their accounts, and regulators expect them to be prepared properly.

We understand those requirements and work with charity trustees to make the process as straightforward as possible — so they can focus on their mission rather than their accounts.

SORP Charity accounts prepared in accordance with the Charities SORP — the required framework for charity financial reporting.
Gift Aid Gift aid administration and HMRC claims — maximising income from donations made by UK taxpayers.
IE Independent examination for charities below the audit threshold — a legal requirement for most registered charities.

The specific requirements of charity accounting

Charity accounts have different requirements from commercial accounts. Here's what we do for our charity clients.

Charity SORP Accounts

Statutory accounts prepared in accordance with the Charities SORP — including the Statement of Financial Activities (SOFA), balance sheet, trustees' annual report and all required notes.

Independent Examination

Most charities with income under £1 million require an independent examination rather than a full audit. We act as independent examiner and provide the scrutiny regulators require.

Gift Aid Administration

Gift aid claims to HMRC on eligible donations — including the correct treatment of gift aid declarations, small donations scheme claims and record-keeping requirements.

Trustee Reporting

The trustees' annual report is a legal requirement and an important accountability document. We help trustees produce a report that meets the Charity Commission's requirements and communicates effectively.

CIC & Not-for-Profit Accounts

Community Interest Companies and other not-for-profit structures have their own accounting requirements. We prepare accounts for a range of structures beyond registered charities.

VAT for Charities

Charities benefit from various VAT reliefs and exemptions — but the rules are complex. We advise on the correct VAT treatment of income streams, fundraising activities and purchases.

A Note for Trustees

Your responsibilities — and how we help you meet them

Charity trustees are personally responsible for ensuring their organisation's accounts are prepared correctly and filed on time with the Charity Commission. Many trustees are volunteers who give their time generously but don't have an accounting background — and the requirements can be daunting. We work with trustees at all levels of financial experience, explaining what's required in plain terms and making sure nothing is missed. You focus on running the charity; we make sure the accounts and filing obligations are handled properly.

Why Champleys

What charities get from working with us

01

We Know the SORP

Charity accounts have to be prepared differently from commercial accounts. We understand the Charities SORP and apply it correctly — which not all general practices can say with confidence.

02

A Growing Specialism

We work with an increasing number of charities and not-for-profit organisations across North Yorkshire. That depth of experience means we understand the practical challenges trustees face and can anticipate common issues before they arise.

03

Priced for the Sector

We understand that charities operate on tight budgets and need to demonstrate value to funders. Our fees for charity clients reflect that reality — competitive, fixed, and transparent.

Talk to us about your charity's accounts

Free initial conversation, no obligation. We work with charities and not-for-profit organisations across North Yorkshire — get in touch to find out how we can help.

Free Consultation